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Gold/Mining/Energy : Gran Colombia Resources Inc (TSE.GRM)
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To: Phil Didaskalou who wrote (88)1/20/1997 3:30:00 PM
From: Michael Brody   of 308
 
Phil,
No, there is nothing wrong with the co. that a healthy dose of
good promotion would not fix imo. Drill results continue to prove
the general theory of the deposit. Cql is much better promoted but
as Casey says "I don't think they have nearly the goods". Another
often overlooked point about GRM is that they have Mr. Datells in
their corner and he doesn't appear to be a man who picks loosers. I
think the weak price of gold has forced co.'s like GRM and others
with somewhat lower grade deposits to drill more to get the
attention they deserve. Take BGO as an example, they should be
trading much higher imo. Remember, they are a BULK tonnage type
of deposit. If they prove the bulk they will be a 5 or 10 bagger
or more imo. It is just going to take some more time or an improved
price for gold. Hang in there I believe we will be rewarded as more
time goes by.
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